Topic: Haasonline Simple Trade Bot For BTCe and Bitstamp[Main topic] - page 46. (Read 416703 times)

@Stephan
Thanks!
BTW Great update. Interface so exited! Hope, working better too

Both the Price change -Insurance (Wanted raise: 1,0, Wanted drop: 1,0) and Procent price change -Insurance (Wanted raise: 1,0 %, Wanted drop: 1,0 %) insurances work like a final check on the trade. I think i can explain this best by example.

Let take the Procent price change -Insurance (Wanted raise: 1,0 %, Wanted drop: 1,0 %). This insurance looks to the last buy price of the trade-bot and to the current sell price. The difference between them must be 1% or more before this insurance allows the trade. And of course the same method is used for the drop.

So in fact instead of the feeovercome security you can use this one and set the fee percentages manually.

The biggest advantage to this insurance is that you can tune it for trends. By this is mean one can tweak the buy or sell percentage to adjust it to the overall trend. Or you can reduce losses with it.

BTW the SellAtDoubleFeeCosts is working despite the name. But i would not advice it at this moment. It works best at strong up trends, something that is not happening now.

Not working for me the button SellAtDoubleFeeCosts . If I click this button, I get a Never sell below last buy price -Insurance, if I click Never sell below last buy price -Insurance, I get Never sell below last buy price -Insurance
I cant use this SellAtDoubleFeeCosts insurance
Any one have same problem?
@Stephan
Can you explain how to use Price change -Insurance (Wanted raise: 1,0, Wanted drop: 1,0) and Procent price change -Insurance (Wanted raise: 1,0 %, Wanted drop: 1,0 %).
If I use pair LTC/BTC or LTC/USD a couple of which parameters exhibit better? Just using these insurances at me all the time blocked trades.

@solarion:
To get in all the alt-coins you need to enable it inside the Server Settings. (https://www.haasbot.com/alt-coins/)
On the next update i will do a sync again and then the new coins of past week will be added too.


@murt9000:
I think you are doing better then you even realize.  

When a overall down trend is happening (like almost every weekend) then its very recommended that you sell your coins and wait till the bottom is found. The sooner you sell your coins and the longer it takes to get to the bottom, the more you are earning. I know this may sound strange because trading = earning too. But... the longer the wait here the more coins you can buy back at the bottom.

Silverston his suggestion about the dynamic drop-loss is something that i also recommend to use. Just let it do its job and get your investment out of there. Most of my bots gets in sold state on each friday till sunday because there is just a gap in the currency to earn coins.

The "Never sell below last buy price" is recommended to be used in stable or uptrends only. (logically in a downtrend this will just not work)


Let me try to explain this strategy and where to look for.


First of all this is a good defense strategy. Losses are not expected because of the usage of the Overcome fee costs -Insurance.

The used trade indicators (MA and MACD) are running on a good update speed (5min) and based on there configuration (which is short) i can say the trade indicators will give (relative) a lot of trade signals. The insurances will need to compensate for this.

Some in depth... why are they giving a lot of trade signals? Well if you look to any moving average based indicator then you will notice it relays on a calculated average. These average will work very good in a down or up trend. (relative they respond a little late, but there signal is very solid) However when a currency stabilize then all the average based indicators will give off to many buy and sell signals for a moment. (look at any chart and zoom in, there are just to may signals at that moment) This is the part where most people lose money in trading, allowing this trades to happen. In this part the fee costs will kill any profit you made before.

In silverston his strategy this problem is covered by the usage of the Overcome fee costs insurance. It will block all those trades that the MA and MACD wants to make (on the stable part of the currency) and where you will be losing coins on.

The "Never sell below last buy price -Insurance" can be removed from this strategy because the "Overcome fee costs -Insurance" will already cover for all in this situation.

As i wrote before this is a good defense strategy, losses are not to be expected. But if i should give a suggestion to improve this strategy then i would remove all the insurances. Get more risk in and add the "Price change insurance" or the "percent price change insurance" and set them to 50% of the fee costs. What this will do is indeed allowing losses, but it gets me a little more into the trade signals of the MA and MACD histograms. I want this because there signals are solid and i do not want to miss a good uptrend (or downtrend) signal.

I hope my analysis here makes any sense.


About the API.... this far i have seen some users making 2 things. First they make there own trade logic and use the API to read data and send buy and sell commands. And secondly i have seen some users looking for the perfect trading strategy. Those users make use of the bench and tune options inside the API itself. What i want to say is that a lot is possible, i can better list what is not possible;

- You can not force more trade-bots inside the software
- You can not read open orders and cancel them (you should not need this, let HTS handle this for you)
- It is not yet possible to make your own trade indicator (not yet, if the question comes i will add support for it)

For the API there are 2 things to know: First its always ahead of the software interface and secondly the web-interface fully works on the API. (tip if you are in need of example code)

@All:
The update to version 0.9.9.0 is expected to be released tomorrow eve (monday)

Thanks Silverston. I find with "never sell below last buy price" the bot often gets stuck for days or weeks if there is a downtrend. But without safeties it seems like every configuration results in a loss.

I wonder how versatile the API will be. Will it only allow us to program settings that could be programmed through the GUI, or will it allow us to develop more complex, reactive trading strategies.

@Stephan

I noticed that some markets seem to be missing at cryptsy, at least on my current setup. I've noticed nmc/btc & mzc/btc, but there may be others. Any idea why this would be and how it may be addressed?

I am still selling my trade bot license for 0.3BTC together/including with option to upgrade code to advanced trade bot for another 0.45BTC instead of paying 0.9BTC for the version.

That means license and upgrade code for 0.3BTC

The sell will be handled via bitcoin-escrow.net
The account will be sold which means all account profile data's are changed to your need with your email and a random password that can be changed after the deal is done.

I am not selling because the bot is not working. everyone can see in previous posts my results with profit made.
Stephan always gave and I assume will give 100% support and is helping very well since the first day.
I was beta testing for him couple times with good communication.


Thanks Stephan.

Everyone interested to buy PM me.




http://pbmining.com?ref=papasmurph


http://scrypt.cc?ref=baaNM

@Murt9000

First, and most importantly - you should not interfere to bot trades!
Set up a program, do some benchmarks, they satisfy you - let the bot trade. Personally, I do not do any benchmarks. Nobody knows what will be on the right side of the chart.  
I use
Indicators:
MA-Histogram Indicator (Trend type: SMA, Short 9, Long 26, Signal 12 MA Cross-over) (BTCe LtcBtc 5min)
MACD-Histogram Indicator (Trend type: EMA, Short 12, Long 26, Signal 12 MA Cross-over) (BTCe LtcBtc 5min)
Safety
Dynamic adjusted drop-loss safety (Adjustment: 97 %, Update timer: 5) (BTCe LtcBtc)
Insurance
Never sell below last buy price -Insurance
Overcome fee costs -Insurance

Thats all

Hi Silverston, would you mind sharing your trading strategy, the results do look consistent.

Murt9000

The lifetime is indeed 2 years, it is written down in the terms and agreement. (this makes the cost for a single bot per year 0.075 BTC)

Upgrades are fully supported, if you have a Simple/Donation license then you get a full refund of that license if you want to upgrade. Of course on that moment the license time will be refreshed too.

BTW in general i should not worry to much how to expand the license, by that time (2 years later) there will be a good deal in place to extend the license.

BTW At the moment it looks like coming monday there will be an update again. The test results are still very positive.

Hi all first post.

After using the Bot for several weeks and making a little bit of profit, I no longer want to continue with the STB.

I'm not slagging it off as a bad product after a little bit of fine tuning it has worked fine for me on both BTC-e and Cryptsy. It is just not something I want long term.

So if anyone is interested in buying it off me please send me a PM.

just visited haasbot's website, and it says you get the license for 2 years. Dont have this in my receipt when i bought this a few weeks ago, or any date mentioning when my license is over. Wondering how upgrades from simple to advanced are handled now?

I want a little to share my experiences. A long time I could not configure the bot. Thought it would useless program. Yes, as Stephan said, is not just pressed the button and the money in your pocket. But it works. I still use a small amount of tune, but see for yourself - the results are.

Hello ayub007,

You can find the current price for the 'Advanced Trade Bot' here.

If you want, you can have a look too and fire at it. At the current moment it looks like we are on the good way, there are about 25 people testing. A few of them responded back already and its all positive. But i do not make the full claim yet, i am waiting for the other results to come in too. This is a complicated issue because it does not happen always, this makes testing it a slow gong process. (this is the reason why i did not post a release date yet for this update)

This is, in my opinion, the most 'annoying' flaw in the software and really needs attention. Glad to hear it has some now!

Sure i can respond to those things.

First of all the software is not broken, i love to read those comments but is it just not true. I do use my own software to and if there is a real problem i notice it too. It is just working within its parameters.

True, sometimes users can not connect to an API but that can happen because of several reasons. Personally i look at this a minor problem, because it can be solved.

The comment "does not make the trades but thinks it does" is a complicated one. In the current version the software sends an order and the order gets confirmed by the exchange. From that moment the bot switches coin position and holds on to the open-order signal until the order is filled. But this does not seem to be enough. So we have expanded this tracking system and that is being tested right now.

This is not software that you start and it will make you money from the click of a button. Instead this software is more a toolset from where you can make your own selection and setup your own trade-bot this way. You can backtest/benchmark to see if it will work and if needed adjust and try again.

I would like to ask another question: Is the bot a learning bot? If not do you plan on creating one?

Hello stephen. I want to purchase your advance bot price please

I'm having a difficult time with this bot, cannot connect to the API on BTC-e and on CEX.IO, always says Not Connected in both web interface and classic interface. As well as the bot on Cryptsy saying it is making trades but when I check the trade history and nothing occured. It was doing okay on LTC / BTC on cryptsy until I checked track all alt coins.